BeNewz Report WASHINGTON: Finance Minister Muhammad Aurangzeb met senior IMF officials and the head of the U.S. EXIM Bank in Washington, discussing Pakistan’s reform programme, economic performance, financing for strategic projects and expanded bilateral trade. Finance Minister Muhammad Aurangzeb on Wednesday held separate meetings with senior International Monetary Fund (IMF) …
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Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) has proposed a new set of conditions for resolving Pakistan’s mounting gas sector circular debt, including formally recognizing the financial losses of the country’s two state-owned gas utilities and writing off unrecoverable receivables in their accounts. According to sources, the IMF has …
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BeNewz Report ISLAMABAD: Power sector circular debt climbed to Rs 1.924 trillion by May 31, 2026, significantly overshooting the government’s target and complicating its commitments under the International Monetary Fund (IMF) programme, according to official documents. The Power Division informed the Economic Coordination Committee (ECC) that despite improvements in recoveries, …
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